Higher lows since week open, consolidating below 1.1620.
EUR/USD gapped higher into this week's open near 1.1573 and pushed to 1.16213 after German and Eurozone ZEW sentiment turned positive, but the advance has stalled into the 1.1620 area which capped two attempts. Price is now grinding sideways above 1.1600 with RSI(14) easing back to the mid-50s as the market parks ahead of Wednesday's Fed decision. Higher lows since the week's open keep structure constructive while the 1.1600 round number holds.
Support: 1.1600, 1.15733, 1.15676
Resistance: 1.16213, 1.1620
What it said to watch
H1 close above 1.1620 opens the path toward 1.1650
Loss of 1.1600 exposes the 1.15733 weekly open
Fed decision Wed is the dominant catalyst and could reset this read
23:00 UTC
Range-bound, upper edge · RSI 55 · price 1.16083
Consolidating below range top.
EUR/USD popped above 1.1600 after German and Eurozone ZEW sentiment beat forecasts, but rallies have been rejected near the 1.1620 week high twice. Price is now consolidating just under that cap, holding above EMA20 and EMA50 with RSI mid-range. The week has been a tight 1.1555–1.1620 range as traders park ahead of Wednesday's Fed.
Support: 1.1600, 1.15745, 1.1555
Resistance: 1.16213, 1.1650
What it said to watch
H1 close above 1.16213 opens the path to 1.1650
Loss of 1.1555 range floor turns risk toward sub-1.1500
FOMC Wednesday is the dominant USD driver and can break this range
EURUSD climbed off Monday's 1.1503 low through the week and gapped higher over the break, the move accelerating on the strong German/Eurozone ZEW beats before stalling at a 1.16213 week high. Price holds above EMA20 and EMA50 and is now consolidating in the upper 1.1600s with RSI cycling mid-50s, the 1.1620 area capping two attempts. Flow is two-way and parked ahead of Wednesday's Fed decision.
Support: 1.1600, 1.1555
Resistance: 1.16213, 1.1650
What it said to watch
H1 close above 1.16213 opens the path to the 1.1650 ceiling
Loss of the 1.16000 round number exposes the 1.1555 pivot
Fed decision Wed is the dominant driver and could reset this read
EUR/USD pushed to 1.1620 after the upbeat ZEW prints early week and has since coiled above 1.1600, with the 1.1620 range top capping two attempts. Pullbacks have held near the 1.1575 swing low and EMA(20) sits beneath price, but RSI(14) has flattened in the mid-50s as the market parks into Wednesday's Fed.
Support: 1.1575, 1.1555
Resistance: 1.1620, 1.1650
What it said to watch
Fed decision Wed 18:00 GMT is the dominant driver for the next sessions
H1 close above 1.1620 range top opens the path to 1.1650
EURUSD popped above 1.1600 after German and Eurozone ZEW sentiment beat sharply, but the 1.1620 area has rejected two rallies this week, leaving price pinned in a 1.1575–1.1620 range. Price holds above EMA20 with RSI(14) cycling around 50–58 on each pullback, so structure stays two-way into Wednesday's Fed decision. The week low at 1.15752 marked the base of the latest leg back toward the range top.
Support: 1.1600, 1.15752, 1.1598
Resistance: 1.16213, 1.1650
What it said to watch
Hourly close above 1.16213 opens the path toward the 1.1650 ceiling
Loss of 1.1600 then 1.15752 turns the range read lower
FOMC Wed (18:00 UTC) plus US Retail Sales is the dominant catalyst and could reset this read
21:01 UTC
Uptrend, capped near range top · RSI 57 · price 1.16075
Higher lows into 1.1620 ceiling.
EUR/USD reclaimed 1.1600 and built higher lows through the NY session, lifted earlier in the week as German and Eurozone ZEW sentiment beat sharply. Upside has stalled into 1.1620, which has capped rallies twice, with price coiling above EMA20 and EMA50. RSI(14) is mid-range, reflecting the two-way drift as the market parks ahead of Wednesday's Fed.
Support: 1.1600, 1.15745, 1.1555
Resistance: 1.1621, 1.1650
What it said to watch
H1 close above 1.1620 opens the path to 1.1650
Loss of 1.1555 turns risk toward sub-1.1500
Fed decision Wed is the dominant USD driver and could reset this read
Higher lows off this-week low, consolidating below range top.
EUR/USD recovered from this-week's 1.15745 low and is holding above the 1.1600 round number, lifted by the ZEW Economic Sentiment beat that turned positive for the first time since February. Price sits above EMA20 and EMA50 with RSI cycling in the upper half, but the 1.16213 week high has capped the latest push and the pair is now consolidating below it. The recovery has been a series of higher lows since yesterday's NY session.
Support: 1.1600, 1.15842, 1.15555
Resistance: 1.16213, 1.1650
What it said to watch
Fed decision Wed 18:00 UTC is the dominant USD driver and could reset this read
H1 close above 1.16213 opens the path toward the 1.1650 ceiling
Loss of the 1.1600 round number and 1.15842 swing low turns risk back toward the 1.1555 pivot
20:01 UTC
Range, mild upward drift · RSI 58 · price 1.16116
Two-way range, higher lows into resistance.
EUR/USD has held a 1.1555–1.1620 range all week, popping back above 1.1600 after German and Eurozone ZEW sentiment beat sharply, but the 1.1620 range cap and week high at 1.16213 have repeatedly capped attempts. Price sits above EMA20 with a series of higher lows off the 1.15745 swing low, RSI cycling mid-range as traders park ahead of the Fed.
Support: 1.15745, 1.1555
Resistance: 1.1620, 1.16213, 1.1650
What it said to watch
H1 close above 1.1620 range cap opens the 1.1650 ceiling
Loss of 1.1555 pivot turns risk toward sub-1.150
FOMC decision Wed 18:00 UTC is the dominant driver for the next read
This-week range 1.1555–1.1620, higher lows since midweek.
EUR/USD has held a 1.1555–1.1620 range all week, popping above 1.1600 after German and Eurozone ZEW beat sharply but stalling at the 1.1620 week high — the same level that capped earlier attempts. Price gapped higher into Monday's open and is sitting above both EMA20 and EMA50, carving higher lows off the 1.1575 swing low since midweek as it presses the range top again. Two-way trade persists with the market parked ahead of Wednesday's Fed decision.
Support: 1.1575, 1.1555
Resistance: 1.1620, 1.1650
What it said to watch
H1 close above 1.1620 opens the path toward the 1.1650 ceiling
Loss of 1.1555 pivot turns risk toward sub-1.1500
Fed decision and US Retail Sales Wed are the dominant catalysts and could reset this range
19:01 UTC
Uptrend, capped at range top · RSI 61 · price 1.1612
Higher lows into 1.1620 ceiling.
EUR/USD has carved higher lows since midweek and reclaimed 1.1600, holding above EMA20 as RSI(14) cycles in the upper half. Price popped to session highs above 1.1600 after German and Eurozone ZEW beats, but the advance stalled near 1.1620 — the ceiling that has capped this week's rallies. Two-way pricing into Wednesday's Fed keeps the move parked just under that level.
Support: 1.1600, 1.1575, 1.1555
Resistance: 1.1620, 1.1650
What it said to watch
H1 close above 1.1620 opens the path to 1.1650
Loss of 1.1555 pivot turns risk toward sub-1.1500
FOMC decision Wed is the dominant driver and could reset this read
18:01 UTC
Choppy uptrend within range · RSI 59 · price 1.16123
Rangebound 1.1555–1.1620, pressing range top.
EUR/USD popped above 1.1600 on the strong ZEW beats and has spent the NY session probing the 1.1620 weekly high, which has capped recent rallies. Price holds above EMA(20) and EMA(50) with RSI(14) cycling in the upper-50s; the broader 1.1555–1.1620 range remains intact ahead of Wednesday's Fed. Demand stepped in twice off the 1.1575 area to build the current series of higher lows.
Support: 1.15749, 1.1591, 1.1555
Resistance: 1.1620, 1.1650
What it said to watch
H1 close above 1.1620 opens the path to the 1.1650 range ceiling
Loss of the 1.1591 higher low reopens the 1.1555 range floor
FOMC and US Retail Sales Wednesday are the dominant drivers and could reset this range read
EUR/USD gapped higher off the weekend and has held above the 1.1600 round number, with pullbacks finding the rising EMA(20). The leg up was fuelled by upside ZEW surprises this week, but the 1.1620 range cap has rejected repeated attempts and price is parked there into Wednesday's Fed. RSI(14) is cycling mid-range around the high-50s without confirming a fresh push.
Support: 1.1600, 1.15733, 1.1555
Resistance: 1.1621, 1.1650
What it said to watch
FOMC decision Wed 18:00 UTC is the dominant driver and could reset this read
H1 close above 1.1620 range cap opens the 1.1650 ceiling
Loss of 1.1555 pivot turns risk lower
17:01 UTC
Range, edging to top · RSI 61 · price 1.16143
Week-long range, recovery off lows.
EUR/USD popped back above 1.1600 into the NY session after German and Eurozone ZEW sentiment beat sharply, lifting price off the 1.15745 swing low toward the range top. The 1.1555–1.1620 band that has framed the week is intact, with the 1.1620 area capping rallies and price now holding above both H1 EMAs. RSI(14) is cycling in the upper half near 60 without overbought.
Support: 1.1600, 1.15745, 1.1555
Resistance: 1.1621, 1.1650
What it said to watch
Hourly close above 1.1620 invalidates the range-top cap and opens 1.1650
Loss of 1.1600 then 1.1555 turns the read back toward the range floor
FOMC Wed 18:00 UTC and US Retail Sales 12:30 UTC are the dominant USD drivers next session
17:00 UTC
Uptrend stalling at range top · RSI 60 · price 1.16143
Range, higher lows into resistance.
EUR popped back above the 1.1600 round number after strong German and Eurozone ZEW prints, but the advance has stalled near the 1.1620 range top that capped earlier rallies this week. Price has held above EMA20 since the Friday/Monday recovery with RSI(14) cycling in the upper half, building higher lows into resistance ahead of Wednesday's Fed.
Support: 1.1600, 1.1595, 1.1555
Resistance: 1.1620, 1.1650
What it said to watch
H1 close above 1.1620 opens the path toward the 1.1650 ceiling
Loss of 1.1555 pivot turns risk toward the sub-1.150 area
FOMC decision Wed is the dominant USD driver and can reset this read
16:01 UTC
Range, mid-to-upper · RSI 57 · price 1.16076
This-week range, higher lows building.
EUR/USD has chopped in a 1.1575-1.1620 band all week, parked ahead of the Fed with the US-Iran Hormuz deal having drained the geopolitical premium. Price has reclaimed EMA20 and is grinding back toward the week-high resistance after a sequence of higher lows off 1.1575, with RSI(14) cycling mid-range. The 1.1620 ceiling has capped attempts twice and remains the upper boundary.
Support: 1.1591, 1.1575
Resistance: 1.1620, 1.1650
What it said to watch
FOMC Wed 18:00 UTC plus US Retail Sales is the dominant catalyst — could reprice this read
H1 close above 1.1620 opens the path to the 1.1650 ceiling
Failure to hold 1.1575 week low confirms a lower low and opens the 1.150 area
EUR/USD has chopped within a 1.1555-1.1620 band all week, with the prior rally off 1.1503 stalling at the 1.16213 week high. Price has reclaimed the 1.1600 psych level into the NY session and sits just above EMA20/EMA50, but lower highs since that peak show momentum cooling. The pair is parked ahead of Wednesday's FOMC, with strong ZEW prints producing no durable Euro follow-through.
Support: 1.1600, 1.1575, 1.1555
Resistance: 1.16213, 1.1650
What it said to watch
H1 close above 1.16213 week high opens the path to the 1.1650 ceiling
Failure to hold the 1.1555 floor exposes downside toward sub-1.150
Wed FOMC + US Retail Sales are the dominant catalysts and could reset this range read
15:01 UTC
Range-bound, mid-range · RSI 49 · price 1.15959
This-week range after Monday gap-up.
EUR/USD gapped higher at the week's open toward 1.1605 and tagged 1.1621 before stalling, with that area capping two attempts. Price has since settled into a 1.1575-1.1620 range and is now mid-range near the 50% retracement of the open rally, RSI(14) cycling around the midline. The pair is parked ahead of Wednesday's Fed decision and dot plot, the dominant catalyst for direction.
Support: 1.15745, 1.15555
Resistance: 1.16126, 1.16213
What it said to watch
H1 close above 1.16213 (week high) opens the path back toward the 1.1650 cap
Failure to hold 1.15745 swing low exposes the 1.1555 week floor
Fed decision + dot plot Wednesday could materially shift this range read
15:01 UTC
Range-bound, mid-range · RSI 50 · price 1.15959
Range capped 1.1620, floor 1.1555.
EUR/USD has been hemmed in a 1.1555–1.1620 band this week, with the 1.1620 weekly high capping repeated attempts during NY hours. Price sits mid-range near EMA20 with RSI(14) cycling around 50 after the latest push from 1.1575 stalled below 1.1612. The pair is deferring to Wednesday's Fed decision, with strong German ZEW beats drawing no sustained EUR reaction.
Support: 1.1575, 1.1555
Resistance: 1.16125, 1.16213, 1.1650
What it said to watch
H1 close above 1.16213 opens the path to the 1.1650 range top
Loss of 1.1555 range floor exposes sub-1.150 risk
FOMC decision Wednesday is the dominant catalyst for this read
EUR/USD gapped up into this week's open to print a 1.16213 high, then faded into mid-week as the dollar firmed pre-Fed, basing around the 1.1575 week low before recovering back above EMA20. Price has spent the last two sessions ranging between 1.1575 and the 1.1620 cap, with RSI(14) hovering near the mid-50s. The 1.1620 area has rejected attempts twice and remains the dominant resistance into Wednesday's FOMC.
Support: 1.1592, 1.1575, 1.1555
Resistance: 1.16213, 1.1650
What it said to watch
FOMC decision Wed 18:00 UTC could materially shift this read
H1 close above 1.16213 opens the path toward 1.1650 resistance
Failure to hold the 1.1575 week low exposes the 1.1555 pivot
EUR/USD has carved a choppy range this week, recovering off the 1.1503 trough into the 1.1620 area where the week high at 1.16213 capped the advance, then drifting back to balance near the EMAs around 1.1600. A strongly positive ZEW sentiment surprise drew no spot reaction as the dollar held firm pre-Fed. RSI(14) is cycling around 50 with no clear momentum extension either way.
Support: 1.15745, 1.1555
Resistance: 1.16213, 1.1650
What it said to watch
H1 close above 1.16213 week high opens the path to 1.1650 resistance
Failure to hold the 1.15745 swing low exposes the 1.1555 pivot
FOMC decision/dots Wed could materially shift this read
13:01 UTC
Range-bound, no clear momentum · RSI 52 · price 1.15982
Ranging 1.1575-1.1620 since Monday's gap-up.
EURUSD gapped higher into Monday's open and pushed to 1.16213 before fading, and has chopped sideways between 1.1575 and 1.1620 since, with RSI(14) cycling around the midline. The pair failed to hold above the 1.1620 band — a region flagged by the digest — and rebounds keep stalling into lower highs near 1.1612. Price sits right on its EMA(20)/EMA(50) cluster, underlining the lack of directional conviction ahead of Wednesday's FOMC.
Support: 1.15745, 1.1555
Resistance: 1.16213
What it said to watch
H1 close above 1.1620 invalidates the range top read
Loss of 1.1555 pivot opens the sub-1.150 downside scenario
FOMC Wed is the catalyst that could break the 1.1555-1.1620 cage
Range capped below 1.1620, holding above weekly open.
EURUSD popped on Monday's open to a 1.16213 week high then faded, settling into a 1.1574-1.1620 range as the dollar firmed ahead of Wednesday's FOMC. Price holds just above EMA20 and EMA50 with RSI(14) hovering near 50; the 1.1620 cap has rejected two attempts this week, matching the digest's 1.1620/1.1650 supply band. Last NY session probed 1.16126 but closed back inside the range.
Support: 1.15745, 1.15733, 1.15555
Resistance: 1.16213, 1.16125
What it said to watch
H1 close above 1.16213 invalidates the range-top read
Failure to hold 1.15555 opens the sub-1.150 downside scenario
FOMC Wed and ECB Lane today 13:10 GMT could materially shift this read
12:01 UTC
Recovery within broader range · RSI 61 · price 1.16099
Higher low off 1.1575, retesting week high.
EUR/USD recovered off the 1.1575 recent low through yesterday's NY session, reclaiming EMA20 and pressing back toward the 1.16213 week high. The move sits inside two-way consolidation sub-1.1700 as the dollar firms into Wednesday's Fed decision; RSI is cycling mid-range with no divergence. Week high 1.16213 is the immediate cap on this push.
Support: 1.1575, 1.1555
Resistance: 1.16213, 1.1700
What it said to watch
FOMC Wednesday 18:00 UTC is the dominant driver for this read
Close above 1.16213 week high opens path toward 1.1700 psych
Failure to hold 1.1575 recent low reopens 1.1555 socgen sup
12:01 UTC
Recovering within a broad range · RSI 61 · price 1.16099
EUR/USD reclaimed the EMA20 and is pressing back toward the 1.1622 week high after the session low at 1.1575 held and demand stepped in. Price has consolidated sub-1.1622 all week as USD firmed into Wednesday's FOMC, with the 1.1700 psych level still the heavier cap above. RSI(14) is cycling in the upper half near 60 on this recovery leg.
Support: 1.1593, 1.1575, 1.1555
Resistance: 1.1622, 1.1700
What it said to watch
FOMC Wednesday 18:00 UTC is the dominant driver and could reset this read
H1 close above 1.1622 opens the path toward 1.1700
Failure to hold the 1.1575 session low exposes 1.1555 socgen support
EURUSD has been pinned in a 1.1555-1.1622 range all week as a pre-FOMC USD bid offsets the oil-driven Euro tailwind. Two attempts at 1.1620 stalled this week, and after dipping to 1.1575 the pair bounced through the NY session back to the figure, holding above EMA20/EMA50 with RSI cycling around the mid-50s. The 9.5 ZEW beat and in-line German CPI failed to extend gains into the resistance band.
Support: 1.15745, 1.15555, 1.1591
Resistance: 1.16213, 1.1670
What it said to watch
Hourly close above 1.1622 opens the path to the 1.1700 resistance
Failure to hold 1.1575 exposes the 1.1555 range base
Wednesday FOMC decision and dot plot is the dominant near-term driver
Ranging below week high after pullback and bounce.
EURUSD has spent the week pinned in a 1.1557-1.1621 band, with Wednesday's push to 1.16213 rejected and a pullback into the 1.1575 area finding demand during yesterday's NY session. Price has since recovered back above EMA(20)/EMA(50) toward 1.1600, with RSI(14) mid-range near 55. The pair is consolidating sub-1.1622 as the USD stays firm into the FOMC, per the digest's pre-Fed bid read.
Support: 1.15842, 1.15749, 1.15573
Resistance: 1.16175, 1.16213
What it said to watch
H1 close above 1.16213 week high would break the range top
Failure to hold 1.15749 session low reopens 1.1557 range low
Wednesday FOMC decision/dots is the dominant near-term catalyst
10:01 UTC
Recovery, momentum stalling into range top · RSI 58 · price 1.16064
Range below 1.1620 after weekend gap higher.
EUR/USD gapped higher into the new week and tagged 1.16213, the week high, before settling into a 1.1575–1.1620 range as US-Iran de-escalation and a blowout ZEW print (9.5 vs -7.2) kept the pair bid. Price is back above EMA20 with RSI(14) cycling in the 50s; the 1.1620 area has capped two attempts this week. The week high has held as the dominant cap with support stepping in near 1.1575.
Support: 1.1594, 1.15745, 1.15555
Resistance: 1.16213, 1.1700
What it said to watch
Hourly close above 1.16213 opens the path toward the 1.1700 SocGen resistance
Failure to hold 1.15745 reopens the 1.1555 week support
FOMC decision Wednesday is the dominant near-term driver and could reshape this range read
EUR/USD climbed off Monday's 1.1507 week low to a week high at 1.1621, with risk-on from US-Iran de-escalation and a strong ZEW beat (9.5 vs -7.2) underpinning the bid. Price is holding above EMA20 with RSI(14) in the low-60s after a pullback into 1.1575 found demand. The 1.1621 week high has capped the latest push back toward the highs.
Support: 1.15752, 1.1592, 1.15068
Resistance: 1.16213, 1.1700
What it said to watch
H1 close above 1.1621 week high opens the path toward 1.1700 psych resistance
Failure to hold 1.1575 swing low would confirm a lower high
FOMC Wednesday is the dominant near-term risk and could reset this read
EURUSD gapped higher at the week open near 1.1573 and ran to 1.1621 through Tuesday's session on the risk-on US-Iran framework and softer oil, before lower highs dragged the pair back to 1.1575. Buyers stepped in twice around 1.1575 and the last three bars have recovered to the EMA(20) near 1.1594, with RSI(14) cycling back toward the midline. The 1.1700 cap flagged on the broader read remains far above; the week-high at 1.1621 is the nearer ceiling.
Support: 1.15745, 1.15733, 1.15673
Resistance: 1.16213, 1.1700
What it said to watch
Hourly close above 1.1621 reopens the path toward the 1.1700 cap
Failure to hold 1.15745 confirms a lower-low and exposes the 1.1573 weekly open
German/Eurozone ZEW (09:00 UTC) and Wednesday's FOMC could materially shift this read
08:01 UTC
Pullback from week high, momentum down · RSI 43 · price 1.15857
Lower highs since Monday peak, probing week's lows.
EUR/USD gapped higher into Monday's open and ran to a 1.16213 week high before fading steadily back below 1.1600, helped initially by the US-Iran Hormuz risk-on unwind and hawkish-ECB tone. Price now sits near the week's lows around 1.1586, trading below EMA20 with RSI subdued in the low-40s. The 1.1600 round number has capped the latest bounce; recent low at 1.15745 remains the line in the sand.
Support: 1.15745, 1.15676, 1.1555
Resistance: 1.1600, 1.16213
What it said to watch
FOMC Wednesday is the dominant catalyst and could materially shift this read
Close below 1.15745 confirms a lower low and extends the week's decline
Reclaim of 1.1600 would negate the fade off the week high
German CPI / ZEW today could stir the EUR side intraday
Lower highs since the weekly high, grinding toward support.
EURUSD rallied off Monday's open near 1.1554 to a weekly high of 1.16213 on Thursday as the US-Iran Hormuz framework drained the USD haven bid, but the move stalled under 1.1620 and has since carved lower highs back to the 1.1575 session low. Price now sits below EMA20 with RSI(14) sub-45, the constructive intraday tone capped by repeated supply near 1.1600. The 10-day high at 1.16213 stands as the dominant cap for the week.
Support: 1.15755, 1.15538, 1.1550
Resistance: 1.1593, 1.1600, 1.16213
What it said to watch
Hourly close back above EMA20 / 1.1600 psych would neutralise the lower-high sequence
Failure to hold 1.15755 session low exposes the 1.15538 weekly open
FOMC Wednesday is the dominant catalyst and could materially shift this read
Lower highs off the week high, retesting weekly open.
EUR gapped into the week and ran to a 1.16213 high as the US-Iran framework boosted risk appetite and pressured the dollar, but the advance rolled over below 1.1650 and price has since slid back toward the weekly open around 1.1573. The move has dropped under EMA20 with RSI(14) cooling near 40, and the descending sequence of lower highs since the peak frames the pullback. Demand around the 1.1575 area is being tested into the European session.
Support: 1.15555, 1.1530
Resistance: 1.1595, 1.16213, 1.1700
What it said to watch
Close below 1.15555 confirms a range break lower
Reclaim of 1.16213 reopens the path toward 1.1700
German CPI/ZEW today and Wednesday's Fed decision could materially shift this read
07:01 UTC
Uptrend stalling, pulling back · RSI 42 · price 1.15756
Lower highs off week high after double-top stall.
EUR pushed to the week high at 1.16213 on the risk-on US-Iran headlines and softer oil, then twin attempts near 1.162 stalled and price has rolled over to print lower highs. It now sits below EMA20 with RSI(14) back near 42, retracing the week's impulse and probing the 1.15749 session low. The 1.1555 range support and 1.1600 round number frame the pullback into the Fed midweek.
Support: 1.15749, 1.1555, 1.15068
Resistance: 1.1590, 1.1600, 1.16213
What it said to watch
H1 close below 1.1555 confirms a deeper retrace of the week's rally
Reclaim of EMA20 and a close back above 1.1600 reopens the 1.16213 week high
Wednesday's FOMC could materially shift this read
06:01 UTC
Pullback from week high, momentum down · RSI 42 · price 1.15786
Lower highs since Monday's spike.
EUR gapped higher into Monday's open and ran to a 1.1621 week high before selling off steadily through the NY session, now back near the weekly open as the US-Iran risk-on move capped EUR upside sub-1.1650. Price has slipped below EMA20/EMA50 with RSI cycling toward 40. The 1.1621 high has held since, leaving a string of lower highs into the Fed.
Support: 1.15733, 1.15673
Resistance: 1.1593, 1.16213
What it said to watch
FOMC Wednesday is the dominant driver and could reset this read
Close below 1.1573 weekly open confirms continuation lower
Reclaim of 1.1593 EMA20 needed to re-challenge the 1.1621 week high
Lower highs off the week high, testing weekly open.
EUR gapped to the weekly open near 1.1569 and rallied to a 1.16213 wk high on the US-Iran risk-on move and soft US data, but the advance stalled twice around 1.1620 and has bled lower in a chain of lower highs since. Price now sits below EMA20 (~1.1593) and back at the day low / weekly open zone, with RSI(14) cycling in the low 40s. The 1.1650 psych cap flagged into the Fed never came into play.
Support: 1.15752, 1.1569, 1.1555
Resistance: 1.1593, 1.16213, 1.1650
What it said to watch
H1 close back above EMA20 ~1.1593 negates the lower-highs decline
Loss of 1.1569 weekly open exposes 1.1555 support
FOMC Wednesday is the dominant cross-asset driver for this read
05:01 UTC
Pullback within this-week uptrend · RSI 44 · price 1.15866
Rally faded from week high, consolidating.
EURUSD gapped higher into Monday's open and ran to a 1.16213 week high through the NY session before fading, with the US-Iran de-escalation and softer USD doing the lifting. Price has since slipped under EMA(20) near 1.1600 and is consolidating just above the 1.15842 session low, RSI(14) rolling toward the mid-40s. The 10-day high zone sub-1.1650 capped the move, consistent with the underwhelming follow-through ahead of the Fed.
Support: 1.15842, 1.15676, 1.15573
Resistance: 1.1600, 1.16213
What it said to watch
H1 close back above 1.1600 ema20 would re-engage the upside toward the week high
Failure to hold 1.15842 session low opens the 1.1568 gap low
FOMC decision Wednesday is the dominant cross-asset driver for this read
Retracing the week-open impulse, lower highs since the 1.1621 peak.
EURUSD gapped higher at the week open above the prior-week close near 1.1567 and rallied to a 10-day high at 1.1621, lifted by the risk-on US-Iran framework and a softer USD. Price has since faded through the NY session, slipping below EMA(20) and retracing the week's impulse to hold just above the 1.1585 session low and EMA(50). RSI(14) has cooled toward 42 as the move loses momentum.
Support: 1.15847, 1.15733, 1.15673
Resistance: 1.16213
What it said to watch
Loss of 1.1585 session low opens the 1.1573 week-open level
Hold above 1.1567 prior-week close keeps the higher-low structure intact
FOMC Wednesday is the dominant driver; German/EZ final CPI and ZEW today could shift the read
04:01 UTC
Uptrend stalling, pulling back · RSI 43 · price 1.15869
Lower highs off week high, retracing the gap-up impulse.
EUR/USD gapped higher at this week's open on the risk-on US-Iran ceasefire and softer dollar, tagging a week high at 1.1621 before supply capped the move. Price has since retraced roughly 60% of that gap-impulse, slipping back below the H1 EMA(20) with RSI cooling into the low 40s. The 1.1605–1.1621 band has rejected the latest probe while 1.15825 marks the current session low.
Support: 1.15825, 1.15555, 1.1530
Resistance: 1.1605, 1.16213
What it said to watch
FOMC Wed 18:00 UTC is the dominant catalyst and could materially shift this read
H1 close back above 1.1605 would re-engage the week-high resistance at 1.1621
Failure to hold 1.15825 exposes the 1.1555 support
EUR gapped higher into Monday's open on US-Iran ceasefire risk-on and tagged the week high at 1.16213 before grinding lower through the NY session and Asia, printing a clean run of lower highs. Price has slipped back under EMA(20) near 1.1601 and is now sitting on the EMA(50) and the 1.15825 session low, with RSI(14) cooled into the low 40s. The 1.1555 support flagged in market commentary remains the next reference below.
Support: 1.15825, 1.1555, 1.15026
Resistance: 1.1601, 1.16213
What it said to watch
H1 close back above 1.1601 EMA(20) would reset the pullback read
Loss of 1.15825 session low exposes 1.1555 support
FOMC Wed and EZ final CPI today could materially shift this read
Lower highs since the 1.1622 tag, holding above week floor.
EUR/USD gapped higher into Monday and ran to a 10-day high at 1.1622 on the US-Iran risk-on bid and soft USD, then drifted lower through yesterday's NY session back under 1.16 and the EMA20. Price is now consolidating tight in the Asia session around 1.1587 with RSI(14) cycling in the low 40s; the 1.15840 swing low is the immediate floor while supply has capped each bounce below 1.1600.
Support: 1.1584, 1.1555
Resistance: 1.1598, 1.16213
What it said to watch
Reclaim of the EMA20 / 1.1600 reopens the path back toward the 1.1622 10-day high
A close below 1.15840 swing low exposes the 1.1555 week low
FOMC and US Retail Sales Wednesday are the key USD-side drivers for this read
EUR/USD tagged the 10-day high at 1.1620 twice into the NY session and was rejected both times, leaving a double top and a slide back under EMA20. The advance off the week's low at 1.15676 was driven by USD softness on the US-Iran deal, but the move has been underwhelming and price is now retracing roughly two-thirds of that leg. RSI(14) has cooled toward the low-40s as the pullback develops.
Support: 1.15842, 1.1555
Resistance: 1.1600, 1.16213
What it said to watch
FOMC Wednesday is the dominant USD-side driver and could reset this read
Reclaim of 1.1600 / EMA20 would reopen the 1.1620 double-top level
Loss of 1.15842 session low exposes 1.1555 weekly support
Lower highs off 1.1621 peak, holding above 1.1584.
EURUSD gapped higher into this week's open and tagged a 10-day high at 1.1621 on the US-Iran risk-on backdrop and a softer dollar, but the advance has stalled. Price has since drifted back below EMA(20) with RSI(14) cooling toward 44 as lower highs build off the peak. The 1.1584 swing low is holding for now while price consolidates around 1.1590.
Support: 1.15842, 1.1555
Resistance: 1.16213, 1.1650
What it said to watch
H1 close below 1.1584 opens the path toward 1.1555 support
Reclaim of the 1.1621 10-day high reopens the path to the 1.1650 prior cap
FOMC Wednesday is the dominant USD-side risk for this read
Lower highs since 1.1622 peak, slipping below EMA20.
EUR/USD gapped higher into the new week and tagged the 10-day high at 1.1622 on the US-Iran risk-on bid and broad USD weakness, but the advance stalled and price has drifted back through the NY session, slipping under EMA20 to 1.1593. Lower highs have formed since the peak and the move is now retracing the week's up leg, with the 50% area around 1.1594 in play. The 1.16 round level and EMA20 cap the immediate upside.
Support: 1.15847, 1.15673
Resistance: 1.16213, 1.1600
What it said to watch
Close above 1.16213 reopens the path toward 1.1650
Failure to hold 1.15847 confirms a lower low toward the 1.15673 pre-gap close
FOMC Wednesday is a USD-side driver that could materially shift this read
Lower highs off the week high, holding above week open.
EURUSD gapped higher into the new week and ran to a 10-day high at 1.16213 before twin rejections there capped the move and price faded back under EMA20 toward the 1.15842 session low. The advance stayed underwhelming, consistent with the risk-on/lower-oil bid meeting supply near 1.1620, and RSI(14) has slipped to the mid-40s as the pullback developed. Price now sits below both EMAs after defending the 1.15733 week open.
Support: 1.15842, 1.15733, 1.1555
Resistance: 1.16021, 1.16213
What it said to watch
H1 close below 1.15733 week open confirms a lower low toward 1.1555
Reclaim of the 1.16021 EMA20 reopens the path back to the 1.16213 week high
FOMC Wednesday is the dominant USD-side risk and could reshape this read
Lower highs since 1.1621 top, holding session low.
EURUSD gapped higher into Monday's session and tagged a 10-day high at 1.1621 before rolling over through Monday and Tuesday, with EUR underpinned by the risk-on US-Iran framework and a softer USD at 10-day lows. Price has since slipped below EMA20 to the 61.8% retrace of the week's impulse, with RSI cycling down near 46 as the advance stalls. Demand stepped in around 1.1585 to hold the session low into the close.
Support: 1.1585, 1.1555
Resistance: 1.1601, 1.1621
What it said to watch
H1 close back above 1.1601 ema20 reopens the 1.1621 week high
Failure to hold 1.1585 session low exposes 1.1555 wk support
FOMC Wednesday could materially shift the USD-side read
Lower highs off weekly top after double-top stall.
EUR/USD gapped higher into Monday's open and tagged a 10-day high at 1.1622 twice, forming a double top before retreating through the NY session to 1.1585. Price now sits below EMA20 with RSI(14) sub-50 as the week's early advance unwinds; the 1.16 round number has capped the latest bounce. The pullback has retraced more than 60% of the week-open rally from 1.1568.
Support: 1.15842, 1.15676, 1.1555
Resistance: 1.1600, 1.16213
What it said to watch
H1 close back above 1.1600 would re-engage the 1.1622 weekly high
Failure to hold 1.15842 opens the 1.1568 week-open level
German/EZ final CPI (Tue 08:00 UTC) and FOMC (Wed) could materially shift this read
Lower highs since Wednesday's high, holding above EMA50.
EUR/USD gapped higher on the week's open and tagged a 10-day high at 1.16213 before supply capped the advance and price drifted back to 1.1588, slipping under the H1 EMA20. The 1.1622 area rejected two attempts and now caps the week; the move down has been an orderly retrace holding above the EMA50 and the 1.15833 session low. The underwhelming push above 1.16 ties to the risk-on/lower-oil backdrop with hawkish-ECB chatter largely in the price.
Support: 1.15833, 1.1555
Resistance: 1.16213, 1.1605
What it said to watch
Loss of 1.15833 day low confirms a lower-low and opens 1.1555 week support
H1 close back above 1.1605 prior high re-engages the 1.16213 week high
FOMC Wednesday and US Retail Sales are USD-side risks that could reset this read